Bitcoin Price Finds Bears Near $4,200, At Last Leg Before Breakdown: Yashu Gola
Bitcoin price on Wednesday traded inside a narrow session range as the market assessed the bearish correction of the previous day. The Bitcoin/Dollar rate started the trading session with a jump towards $3,850 but rejected extended upside targets in a pullbac…
Scientists Turn Copper into ‘Gold’ — Will Bitcoin Replace as Store of Value?: Josiah Wilmoth
According to a new paper published in a peer-reviewed scientific journal, researchers in China have made a groundbreaking discovery that could profoundly impact the face of the precious metals landscape — and provide bitcoin with an opportunity to shine. Scie…
Newsflash: Dow Climbs 1,050 Points in Largest-Ever Rally While Bitcoin Slumps: Josiah Wilmoth
The US stock market may be in dire straits relative to its early-year performance, but don’t call it a recession yet. Bolstered by strong showings from the retail and energy sectors, the Dow Jones Industrial Average and S&P 500 each posted stellar post-Christ…
Can the OTC Market Actually Have a Significant Impact on the Bitcoin Price?: Joseph Young
The over-the-counter (OTC) market has long been considered to be bigger in size and volume than the crypto exchange market, having a bigger impact on the Bitcoin price. Large institutional investors and high profile retail traders often rely on the OTC market…
Smartrade – The Only Exchange to Know in 2019: Press Release
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to c…
‘Extremely Bearish’: Crypto VC Says Bitmain Layoffs Could Spell Doom for Bitcoin Cash and Litecoin: Yashu Gola
Ongoing layoffs at cryptocurrency mega-firm Bitmain could start a fresh wave of selling in Bitcoin Cash and Litecoin markets, according to prominent crypto investor Kyle Samani. The cryptocurrency-focused venture capitalist said in a tweet that the Bitcoin mi…
GMO Had a Plan to Take Down Bitmain; Now It’s Bidding Bitcoin Mining Goodbye: Mark Emem
More than a year after launching an in-house mining business, Japanese internet conglomerate GMO Internet has announced that it will no longer, develop, manufacture, or sell cryptocurrency mining equipment. In a statement, the Japanese tech firm disclosed tha…
US-China Trade War Sees No Progress, Trouble for the Dow Jones?: Joseph Young
Following the arrest of Huawei CFO Meng Wanzhou in Canada, the U.S. government has filed two criminal charges against Chinese nationals for allegedly stealing sensitive information from Western businesses, intensifying the trade war between the U.S. and China…
McAfee Says Crypto Mining Malware Increased 4,000% in 2018: Alan Wass
Did you know that crypto mining malware has increased 4,000% in 2018? As crypto usage and popularity has rapidly grown since the end of 2017, so has the efforts of cybercriminals to exploit the growth for their own ill-gotten gains. The stats come from a rece…
$18 Billion Wiped Out of Crypto in 2 Days, What’s Causing Extreme Volatility?: Joseph Young
Following Christmas and a strong corrective rally on Christmas Eve, the crypto market lost over $18 billion within a 48-hour period. The Bitcoin price dipped below the $3,800 mark after a promising price surge to $4,300 and the Bitcoin Cash price suffered a l…
Bank of America Files Patent for Blockchain-Enabled Cash Handlers: Yashu Gola
Bank of America (BoA) has filed another blockchain patent, documents with the USPTO reveal. The American multinational investment bank stated that it would use blockchain, the underlying technology which powers the world’s leading cryptocurrency Bitcoin, to h…
Fear of a Fintech Future: UK Bankers Afraid of Disruption: David Hundeyin
A new report on the UK banking industry has identified Fintech startups as a key potential disruptor in the eyes of the industry’s biggest participants. The recently released MoneyLive Banking Report compiled by Marketforce LIVE concluded that Britain’s banki…
Exclusive Interview: What’s Really Happening at SIRIN Labs?: Melanie Kramer
CCN spoke with Nimrod May to find out if SIRIN will continue making phones or focus on developing an OS. May also gave a side-by-side comparison of the SIRIN FINNEY and the HTC Exodus 1. SIRIN Labs launched its blockchain smartphone, the FINNEY, just a few we…
Dow Jones Near Bear Market Territory, Why White House Failed to Ease Investors: Joseph Young
This week, the Dow Jones recorded a steep sell-off from 23,970 points to 21,846 points, amidst global economic instability and uncertainty. Since achieving an all-time high at 26,828 points on October 3, the Dow Jones has fallen by 5,036 points to 21,792 poin…
Crypto Industry is Betting Big on the Future of Stablecoins: Yashu Gola
When merchants started introducing bitcoin and similar digital currencies as one of their payment methods, they quickly encountered a significant problem: price volatility. There were instances like a luxury item dealership, which used to accept bitcoins for …
Popula Stores News on Ethereum’s Blockchain: Jimmy Aki
Subscription-based news platform Popula has made history by providing the very first fully stored news article on a blockchain platform. Earlier this week, Maria Bustillos, the editor of journalist-owned Popula, announced the placement of an article published…
Wall Street is Backing Out of Crypto: Jimmy Aki
Wall Street is quietly moving out of the crypto market, Bloomberg reports. While the market has continued to be battered by news of fraud and imminent regulatory crackdowns, there was a time when it seemed like Wall Street had started to warm up to the rise o…
Bitcoin Private Denies Fraud Allegations and Calls for Halt to BTCP Trading: P. H. Madore
Bitcoin Private has confirmed the allegations made by CoinMetrics, reported by CCN yesterday. Calling them “mathemetically accurate,” the development team says that no one on their team knows where the extra coins wound up. Again, CoinMetrics stated that at l…
Not Just Crypto and Bitcoin: Every Major Asset Class Had a Major Fallback in 2018: David Hundeyin
The cryptocurrency market is not the only financial asset that has suffered losses and recorded a consistent decline as the year winds to an end. In fact, every major asset class for investment has recorded negative returns or an unchanged performance year. T…
Nigerian Blockchain Experts Believe Crypto Can Boost African Economy: Alan Wass
When we talk about worldwide crypto adoption, one of the most untapped places in the world is Africa. Nigerian blockchain experts have called for greater regulation of cryptocurrency on the African continent to strengthen the sector in the region and to help …
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